One of the biggest players in media is said to be exploring the possibility of launching a new 24-hour digital news channel.
The New York Post cites unnamed sources saying the project has been in the works for several months at ABC and its corporate parent Disney.
“Our sources say ABC News chief James Goldston is spearheading the effort, and is bullish on it given the election bump from recent Facebook live experiments,” The Post reports.
If it comes together, the new channel would reportedly launch next year.
“ABC used to have its own stand-alone news channel, ABC News Now, which it rolled together with Univision’s Fusion,” The Post notes. “But when ABC exited the Fusion joint venture, it left the network without a stand-alone channel, just at a time when other outlets were recording sky-high ratings thanks to the election.”